NVIDIA Shareholders Write to Board, Urge Retention of Option for Jensen Huang's Return
Nov 14, 09:38
On November 14, Altimeter Capital founder Brad Gerstner disclosed that Altimeter and Atreides Management, two investment firms, sent a letter to NVIDIA’s board of directors in their capacity as shareholders, urging the board to carefully handle the company’s future leadership arrangements and keep all options open, including a return by Jensen Huang.
The joint letter stated that significant uncertainties remain surrounding the recent events regarding Jensen Huang’s departure, and the board should not rush to find a successor before understanding all the facts. The letter added that interim CEO Colette Kress and her team are capable of leading the company during the transition period.